Registrations go up again in June in France

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At the Renault factory in Flins. (drawing) – Christophe Ena / AP / SIPA

The French car market, boosted by government support measures, recovered in June, increasing by 1.2% year on year, after months of free fall linked to the health crisis, the manufacturers announced on Wednesday. The group
Renault (with Dacia and Alpine) benefited from the rebound (+ 6.5%), while
PSA (Peugeot, Citroën, DS, Opel) saw its deliveries continue to drop (-9.1%) compared to June 2019, according to figures published by the Committee of French Automobile Manufacturers (CCFA).

The automobile trade, put at a standstill during the confinement from March 17 to May 11, had collapsed in the spring: fall in new passenger car registrations by 72% in March, by 88.8% in April, then again by 50.3% in May. Some 233,818 new vehicles were put on the roads of France last month. The deconfinement logically marked an upturn, reinforced by the car support plan announced at the end of May by President Emmanuel Macron.

New scrappage bonus

The market was boosted by the reinforcement of the ecological bonus for electric vehicles as well as by the new scrappage bonus which subsidizes the purchase of recent vehicles (new or used) in exchange for the scrapping of a vehicle former. However, June had two more working days than June 2019. Corrected for this calendar effect, the market would remain slightly in decline over one year. In cumulative over the first half, the French automotive market is down 38.6% to 715,802 new cars.



Source link
https://www.20minutes.fr/economie/2812139-20200701-automobile-immatriculations-repartent-hausse-juin-france

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